My additional investment in Amazon $Amazon.com(AMZN)$ on September 24, 2024, is based on the company's continued dominance in e-commerce and its aggressive expansion into high-growth areas such as cloud computing, AI, and digital advertising. Amazon’s ability to integrate artificial intelligence (AI) into nearly every aspect of its business makes it an attractive long-term investment, especially as it continues to diversify its revenue streams. E-Commerce: AI-Driven Innovation Amazon remains the world's largest e-commerce platform, and its ability to harness AI to enhance customer experience is a key driver of its revenue growth. AI-powered product recommendations have significantly improved the customer journey, leading to higher conve
Amazon Missed: Time to Bottom or Sell?
Amazon shares slide on revenue miss, disappointing guidance for third quarter. Amazon reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the current period. Amazon’s cloud business exceeded analyst estimates, but it’s advertising unit came up short.
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